Capital One Financial Corporation (NYSE:COF) Shares Bought by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group Inc. increased its stake in Capital One Financial by 32.8%, owning 30,000 shares worth $5.38 million after purchasing an additional 7,417 shares.
• Insider Robert M. Alexander sold 10,114 shares at an average price of $227.86, representing a 12.83% decrease in his ownership after the transaction.
• Capital One Financial reported $5.48 EPS for the most recent quarter, beating estimates by $3.55, while its revenue increased 31.4% year-over-year.

Jefferies Financial Group Inc. lifted its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 32.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,000 shares of the financial services provider's stock after purchasing an additional 7,417 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Capital One Financial were worth $5,379,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Beacon Capital Management LLC grew its stake in Capital One Financial by 118.3% during the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock worth $32,000 after buying an additional 97 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of Capital One Financial by 1,518.8% during the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 243 shares during the period. Motco grew its position in shares of Capital One Financial by 115.1% during the first quarter. Motco now owns 256 shares of the financial services provider's stock worth $46,000 after acquiring an additional 137 shares during the last quarter. Rossby Financial LCC acquired a new stake in shares of Capital One Financial in the 1st quarter worth about $48,000. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of Capital One Financial in the 1st quarter worth about $54,000. Institutional investors own 89.84% of the company's stock.

Insider Activity at Capital One Financial

In other news, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the transaction, the insider directly owned 68,707 shares of the company's stock, valued at $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael Zamsky sold 9,560 shares of the business's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider owned 20,089 shares in the company, valued at $4,005,746.60. This represents a 32.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,332 shares of company stock worth $4,540,285 in the last quarter. 1.26% of the stock is owned by company insiders.

Capital One Financial Stock Down 3.5%

NYSE COF opened at $207.47 on Friday. Capital One Financial Corporation has a 12 month low of $128.23 and a 12 month high of $232.45. The company has a market capitalization of $79.49 billion, a P/E ratio of 106.40, a PEG ratio of 0.85 and a beta of 1.16. The company's 50 day simple moving average is $206.91 and its 200 day simple moving average is $192.61. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. During the same period in the prior year, the company posted $3.14 EPS. Capital One Financial's quarterly revenue was up 31.4% on a year-over-year basis. Equities research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a $0.60 dividend. The ex-dividend date is Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. Capital One Financial's dividend payout ratio (DPR) is 123.08%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Truist Financial boosted their target price on shares of Capital One Financial from $225.00 to $260.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. TD Cowen raised Capital One Financial from a "hold" rating to a "buy" rating and lifted their target price for the company from $184.00 to $258.00 in a research note on Tuesday, July 8th. Finally, Wells Fargo & Company increased their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Capital One Financial has an average rating of "Moderate Buy" and a consensus target price of $238.81.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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